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ACM Research Inc has a consensus price target of $28.43 based on the ratings of 8 analysts. The high is $39 issued by Goldman Sachs on February 29, 2024. The low is $18 issued by Craig-Hallum on December 5, 2024. The 3 most-recent analyst ratings were released by Craig-Hallum, Needham, and Needham on December 5, 2024, December 4, 2024, and October 1, 2024, respectively. With an average price target of $22.67 between Craig-Hallum, Needham, and Needham, there's an implied 49.12% upside for ACM Research Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ACM Research (NASDAQ:ACMR) was reported by Craig-Hallum on December 5, 2024. The analyst firm set a price target for $18.00 expecting ACMR to rise to within 12 months (a possible 18.42% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for ACM Research (NASDAQ:ACMR) was provided by Craig-Hallum, and ACM Research downgraded their hold rating.
The last upgrade for ACM Research Inc happened on February 29, 2024 when Goldman Sachs raised their price target to $39. Goldman Sachs previously had a neutral for ACM Research Inc.
The last downgrade for ACM Research Inc happened on December 5, 2024 when Craig-Hallum changed their price target from $30 to $18 for ACM Research Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ACM Research, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ACM Research was filed on December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.
While ratings are subjective and will change, the latest ACM Research (ACMR) rating was a downgraded with a price target of $30.00 to $18.00. The current price ACM Research (ACMR) is trading at is $15.20, which is out of the analyst’s predicted range.
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